October 1 - International media reports suggest that the Panama Canal is likely to get a new upgrade within 25 years to meet increasing capacity demands.
The current expansion, which will add a third set of locks to the canal, is running a year behind schedule, and it appears that the authority administrator, Jorge Quijano, has said that a new expansion would be needed soon.
At a press briefing he is believed to have announced that a fourth set of locks will be built in 25 years. Quijano did not, however, discuss exactly when a new upgrade would be needed.
The canal is now expected to open in 2016.
www.pancanal.com
